Thomas Jones
The New 20% Pass-Through Deduction and You
The IRS issued more guidance on Wed, Aug 8th on the new Sec. 199A 20% pass-through deduction. But many taxpayers are wondering does this apply to real estate activities as well.The 20% deduction applies to Qualified ...
Elizabeth O.
Selling a rental property owned less than a year
Hi! I'm a new member trying to decide whether to sell a rental property and would appreciate any opinions.
The property is a SFR in San Francisco. It has 2/1 upstairs in the main house and 2/1 downstairs as a...
Peace Lily
Electrician wants to get paid before the job completion!!!
Dear BP Members,I am renovating my house with a completed demo, drywall on the walls and ceilings, and electrical wiring for the whole floor. The problem is that the electrician does not want to wait until the sheet ...
Account Closed
What happens to you if (when) the market crashes?
Hey everyone,
I recently decided I’m going to build a fourplex to owner occupy. I would potentially walk into this deal at 0 down for a $500,000 fourplex.
I have one SFR rental, and was just curious, what happens t...
James Bynum
Recently received an inheritance and working on a strategy.
I recently received about $300,000 in inheritance money and am looking to start buying rental properties. Homes are pretty cheap in my area (Spartanburg, SC), most decent homes are going for around $80,000. My questio...
James Ritter
Critique My Mailing (Pics Inside)
Hey Guys,So I am going to be starting my first even direct mail. I decided to take some big steps so I created my own yellow letter (was not easy) in order to save some cashola at least until the first deal hits my de...
Leslie Crosten
HELP! To stay or back out of deal???
We are under contract on an over/under duplex and in a sticky situation... I need help! So, we were supposed to close on this property Friday Sept 4th. However, closing was pushed back maybe a week or so according to ...
Dan Ward
If you ever have questions about paint...I'm your guy!
I spent many years as an industrial/architectural paint sales rep. I feel like I could answer and have probably dealt with most issues you encounter so please feel free to shoot me a message if I can ever help you out!
Matt Shields
Is house flipping dead?
I ask if flipping is dead, or at least dying? Here in the Phoenix, Arizona metro area, I have watched the margin on deals become slimmer and slimmer. During the past few years, television shows and seminars have flood...
Amber Spence
Nightmare tenant, help!
Hey everyone,
My husband and I had the tenant from hell in our single family home. We also hired a management company to manage the property. (Our first time as landlords, we outsourced to make sure we did everything...